---
schema_version: "secwatch.filing_event.v1"
accession: "0001794783-26-000004"
form_type: "8-K"
ticker: "SLQT"
cik: "0001794783"
company_name: "SelectQuote, Inc."
filed_at: "2026-01-12T23:59:59+00:00"
generated_at: "2026-05-16T10:55:12.883856+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SelectQuote closes $415M credit facility with Pathlight and UMB, extends maturity to 2031

## Summary
- New $325M term loan (Pathlight) and $90M revolver (UMB) replace prior facilities; $313.8M used to repay existing debt.
- Term loan maturity extended to January 2031; prior maturities were June 2026 and September 2027.
- Revolving credit facility increased to $90M (from $72M) for peak season liquidity; lower amortization on term loan.
- Interest rate: SOFR + 6.50% (term) and SOFR + 4.00% (revolver); includes step-downs up to 100 bps.
- Proceeds also for working capital and general corporate purposes; guarantees and secured by assets.

## SEC filing metadata
- accession: 0001794783-26-000004
- form_type: 8-K
- ticker: SLQT
- cik: 0001794783
- company_name: SelectQuote, Inc.
- filed_at: 2026-01-12T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1794783/000179478326000004/0001794783-26-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1794783/000179478326000004/slqt-20260108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001794783-26-000004
- JSON: https://secwatch.observer/filing/0001794783-26-000004.json
- Plain text: https://secwatch.observer/filing/0001794783-26-000004.txt

## Key facts
- Debt Financings
  SelectQuote, Inc. incurred revolving credit of $90 million senior secured revolving credit facility with PLC Agent LLC, as administrative agent, UMB Bank, N.A., as lender and revolver agent at SOFR (subject to a floor of 3.00%) plus 4.00%.
  - Instrument: revolving credit
  - Principal: $90 million senior secured revolving credit facility
  - Counterparty: PLC Agent LLC, as administrative agent, UMB Bank, N.A., as lender and revolver agent
  - Rate: SOFR (subject to a floor of 3.00%) plus 4.00%
  - Event: incurrence
  source text: The Credit Agreement provides for (i) a $325 million senior secured term loan (the “ Term Loan ”) and (ii) a $90 million senior secured revolving credit facility (the “ Revolving Credit Facility ” and, together with the Term Loan, the “ Senior Secured Credit Facility ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1794783/000179478326000004/0001794783-26-000004-index.htm
- Debt Financings
  SelectQuote, Inc. incurred term loan of $325 million senior secured term loan with PLC Agent LLC, as administrative agent, UMB Bank, N.A., as lender and revolver agent at SOFR (subject to a floor of 3.00%) plus 6.50%.
  - Instrument: term loan
  - Principal: $325 million senior secured term loan
  - Counterparty: PLC Agent LLC, as administrative agent, UMB Bank, N.A., as lender and revolver agent
  - Rate: SOFR (subject to a floor of 3.00%) plus 6.50%
  - Event: incurrence
  source text: On January 8, 2026 (the “ Closing Date ”), SelectQuote, Inc. (the “ Company ”) entered into a credit agreement (the “ Credit Agreement ” or “ Agreement ”) with PLC Agent LLC, as administrative agent, UMB Bank, N.A. (“ UMB ”), as lender and revolver agent, and the other lenders party thereto. The Credit Agreement provides for (i) a $325 million senior secured term loan (the “ Term Loan ”) and (ii) a $90 million senior secured revolving credit facility
  evidence_url: https://www.sec.gov/Archives/edgar/data/1794783/000179478326000004/0001794783-26-000004-index.htm
- Material Agreements
  SelectQuote, Inc. terminated Previous Credit Agreement with Ares Capital Corporation, as administrative agent, UMB Bank, N.A., as lender and revolver agent, and the other lenders party thereto (effective 2026-01-08).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: Ares Capital Corporation, as administrative agent, UMB Bank, N.A., as lender and revolver agent, and the other lenders party thereto
  - Effective: 2026-01-08
  source text: previous credit facility pursuant to the credit agreement, dated as of November 5, 2019, by and among the Company and Ares Capital Corporation, as administrative agent, UMB, as lender and revolver agent, and the other lenders party thereto (as amended, the “ Previous Credit Agreement ”), and for certain transaction expenses and fees. The remainder of the proceeds of the Term Loan will be used to support ongoing working capital needs and for general corporate purposes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1794783/000179478326000004/0001794783-26-000004-index.htm
- Material Agreements
  SelectQuote, Inc. entered into Credit Agreement with PLC Agent LLC, as administrative agent, UMB Bank, N.A., as lender and revolver agent, and the other lenders party thereto valued at $325 million term loan and $90 million revolving credit facility (effective 2026-01-08).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: PLC Agent LLC, as administrative agent, UMB Bank, N.A., as lender and revolver agent, and the other lenders party thereto
  - Value: $325 million term loan and $90 million revolving credit facility
  - Effective: 2026-01-08
  source text: On January 8, 2026 (the “ Closing Date ”), SelectQuote, Inc. (the “ Company ”) entered into a credit agreement (the “ Credit Agreement ” or “ Agreement ”) with PLC Agent LLC, as administrative agent, UMB Bank, N.A. (“ UMB ”), as lender and revolver agent, and the other lenders party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1794783/000179478326000004/0001794783-26-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.